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Centro De Cuidado Diurno Mundo Infantl Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 660489973 ✦ Mayaguez, PR ✦ Designated as a 501(c)(3)

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Overview

What is Centro De Cuidado Diurno Mundo Infantl Inc?

Centro De Cuidado Diurno Mundo Infantl Inc is a nonprofit organization situated in Mayaguez, Puerto Rico. With a focus on providing daycare services, this organization caters to families of low income, enabling them to work or pursue their studies. The center covers various expenses including salaries, benefits, rent, materials, insurance, food, professional services, and more, ensuring a safe and nurturing environment for infants and preschool children. The team comprises 11 dedicated individuals committed to their mission.

Is Centro De Cuidado Diurno Mundo Infantl Inc legitimate?

Centro De Cuidado Diurno Mundo Infantl Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Centro De Cuidado Diurno Mundo Infantl Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $177,936

For more financial information, click here

What is the mission statement of Centro De Cuidado Diurno Mundo Infantl Inc?

Centro De Cuidado Diurno Mundo Infantl Inc's mission is centered around providing day care services for families of low income. This enables these families to either work or pursue their education. The day care center caters to infants and preschool children. The organization uses its funds for various operational expenses, including salaries, benefits, rent, materials, insurance, food, professional services, and more, to ensure the smooth running of the day care center. In essence, the mission of Centro De Cuidado Diurno Mundo Infantl Inc is to offer a supportive environment for young children from low-income families, allowing their parents to focus on their personal and professional growth.

Who is the CEO of Centro De Cuidado Diurno Mundo Infantl Inc?

Marangelly Vargas is the President of Centro De Cuidado Diurno Mundo Infantl Inc.

What is the revenue of Centro De Cuidado Diurno Mundo Infantl Inc?

Centro De Cuidado Diurno Mundo Infantl Inc's revenue in 2022 was $263,897.

Who are the executives of Centro De Cuidado Diurno Mundo Infantl Inc and what are their salaries?

The average compensation at Centro De Cuidado Diurno Mundo Infantl Inc during 2022 was $16,176. There are 11 employees and 1 volunteer at Centro De Cuidado Diurno Mundo Infantl Inc.


Here are 3 key members and their salaries:


Alexis Padilla Ruiz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diahan Ojeda Caraballo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diahan Caraballo Quinones (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Centro De Cuidado Diurno Mundo Infantl Inc?

Centro De Cuidado Diurno Mundo Infantl Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Centro De Cuidado Diurno Mundo Infantl Inc

Centro De Cuidado Diurno Mundo Infantl Inc, a nonprofit organization, is dedicated to providing day care services for families of low income. The primary mission of this center is to offer a supportive environment for infants and preschool children, enabling their parents or guardians to pursue employment or further their education. By doing so, Centro De Cuidado Diurno Mundo Infantl Inc aims to contribute to the overall well-being and financial stability of these families. The operating expenses for the day care center cover various costs, such as salaries, fringe benefits, rent, materials, insurance, food, professional services, and more, ensuring the center runs smoothly and effectively.

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Impact




October, 2024

Centro De Cuidado Diurno Mundo Infantil Inc plays a vital role in supporting low-income families in Mayaguez, Puerto Rico, by providing essential day care services for infants and preschool children. This organization enables parents to pursue employment or education, thus fostering economic stability and personal development within the community.

By offering a safe and nurturing environment for young children, the center alleviates the burden of child care for working families. The financial support it receives is directed towards crucial operational needs such as salaries, materials, food, and professional services. This ensures that the children receive quality care and early childhood education, which are foundational for their future development.

Moreover, the center contributes to the larger community by promoting inclusivity and access to education and employment opportunities for families who might otherwise struggle to find affordable child care. This creates a ripple effect, enhancing the overall well-being and economic prospects of the families it serves. In a broader sense, Centro De Cuidado Diurno Mundo Infantil Inc strengthens the social fabric of the community by investing in its youngest members and supporting families in their aspirations.




This information is meant to be a general summary of Centro De Cuidado Diurno Mundo Infantl Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$263,897 (2022)
Expenses
$273,348 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $261,751
  • Gross Receipts: $263,897

Assets and Liabilities:

  • Total Assets: $45,469
  • Total Liabilities: $31,772
  • Net Assets: $13,697

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

federal grants

Revenue

$249,725

monthly payments for child care

Revenue

$12,026

Organization Details

Founding Year

1993

Principal Officer

Marangelly Vargas

Main Address

650 AVE SANTA TERESA JOURNET, MAYAGUEZ, PR, 00680

NTEE Category

Code: P33 - Human services

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